Visa Inc. is on the point of being hit by a Justice Division lawsuit alleging that it illegally monopolized the US debt-card market. Bloomberg’s Sridhar Natarajan says the corporate is the heavyweight within the US debit-card market, with about 70% of the enterprise. He speaks on “Bloomberg Open Curiosity.”
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supply
Two words: Paul Pelosi.
The consumer does pay. Has this idiot ever been to a gas station or restaurant? There is a difference from paying cash or with a card. So out of touch.
Real question is….
If this is a real thing then why has USA allowed them to monopoly it for how many decades?
What changed that suddenly its not allowed now?
Master card is a rival isnt it? I dont have visa. But the point is why did usa not care until now.
Broke USA needs a pay day was this MONEY IN THE BANK for rainy day. Let the thing run until they can hit it so hard it hurts all of us world wide as always.
Its more reason to support briccs too. Why should $ monopoly oil. 60 nations teatherd to $
Will usa be up next 🤔
Does usa have its own rival for visa lined up? Like FED NOW? Hidden features getting unlocked?
I saw a comment saying visa wont share data on ammo purchases and thats why. But that smoke screen stuff usa wants it usa gets it.
Boycott mcdonalds and amazon stop the monopolies all sucking GDP from our lands to usa.
Right? Politicians – it's politicians that are driving up costs – while here attempting to divert blame. Note, too, the last time Congress acquiesced to requests for credit reform the banks themselves wrote the legislation and we got the shaft. Increased prices, it doesn't matter the sector, it's all the product of very bad politics.
Shame on you Visa
Bravo DOJ! Reduce the fees charged for all small businesses and consumers alike. Take it to these leeches.
Visa wants more business Together or important please don't do again.
How is the DOJ now feeling like it wants to talk up? They've been screaming Yes Yes Yes at Five star Restaurant Dinners for the past year's and now they want to "express" concent in order to cover up the fall out of Blockchain procedures?